M&A

New Century likely confident of making Goro hum, but cautions abound elsewhere

LOGIC says New Century Resources executives will be ultra conservative for all manner of reasons as they weigh up the merits of taking on the Goro nickel laterite challenge in New Caledonia, though ironically, the processing side of the historically disastrous venture could be the least of their concerns.

 New Century managing director Patrick Walta

New Century managing director Patrick Walta

For while the headline baggage with Goro is weighed squarely around the processing, it would be fair to guess New Century will be very confident to back itself on that score. For starters, Vale's simplification...

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